Binance relied on AI to fight fraud before hackers exploited internal tool in $6 billion theft

Binance, a cryptocurrency exchange, reported on Nov. 3 that a theft of $6.34 billion in cryptocurrency followed hackers' use of the company's internal artificial intelligence tools. The attackers gained control of two engineers who handled wallet infrastructure by using an employee computer that had been compromised and an internal AI tool on Oct. 20, according to the exchange's security report. That takeover of the engineers occurred before the cryptocurrency was stolen, the report says.